Tax bill threatens bonds that build Montana communities

Congress has the unenviable job of deciding who wins big and who will be hurt by tax reform. One decision that should be easy for lawmakers is to retain the tax tool that has resulted in the development of more than 7,000 affordable homes, access to home ownership for 42,000 Montana families, and $2.87 billion in financing of critical projects for rural Montana hospitals.

Private Activity Bonds are responsible for the public-private partnerships that have allowed us to invest in Montana communities over the last 40 years. Congress is considering eliminating Private Activity Bonds, a move that would deal a devastating blow to the health of our state and have immediate and long-term impacts on our residents.

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